After third straight quarterly loss Air Canada cuts flights
Air Canada (ADH2) reported a loss of $526 million in its third-quarter financial results. Plans to reduce costs…
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Stay updated on financial reports in the aviation industry. Explore articles and news about the financial performance, earnings, revenues, and any updates.
Air Canada blames government for massive losses
As the Canadian flag carrier Air Canada (ADH2) announced a massive loss for its second quarter of 2020,…
Qantas reports “devastating” financial year due to A380 write-off
FY2020 was devastating for Qantas Group, whose financial results attribute more than half of its almost $2 billion…
Azul showcases $186 million cash increase amid losses
Brazilian airline Azul (AZUL) revealed a net increase in cash during Q2 FY2021 while avoiding any new loans.The…
Embraer pushes back E175-E2 introduction to 2023
In a financial statement released on August 5, 2020, Embraer reported second-quarter losses and a steep drop in…
Finnair reports €172 million loss in Q2
On July 24, Finnair had published their half year financial statement, reporting €172 million in losses for their…
Air New Zealand to report US$77.2 million loss for FY2020
New Zealand’s flag carrier Air New Zealand has come out and warned investors of a possible loss amounting…
Over €5bn in compensations are not disclosed on financial reports
Over €5bn in compensations are not disclosed on major European airlines’ financial reports. Every year, with the end…